CenterPoint Announces New Development in Elk Grove Village, IL
Posted By Staff Writers On December 9, 2013 @ 11:52 pm
OAK BROOK, IL – CenterPoint Properties is pleased to announce the completion of an 87,975 SF build-to-suit redevelopment for the U.S. headquarters offices of Weiss-Röhlig Logistics located at 1601 Estes Avenue, Elk Grove Village, Illinois. Elk Grove is ideal for a wide variety of industrial users and has proven to be a strong O’Hare Submarket for CenterPoint where they currently own over 1.6M SF.
Weiss-Röhlig Logistics is a worldwide leader in transport and logistics, with its core business focusing on overland transport, air and sea freight, and complex logistics solutions. Cornerstone Architects provided the architectural services for the facility, while Jim Estes of Morgan / Harbour served as the general contractor for the project. Colliers International represented CenterPoint and Chris Zubel of CBRE represented Weiss-Röhlig on the long-term lease transaction.
“The redevelopment applied for USGBC Silver LEED Certification, proving CenterPoint’s commitment to not only develop well-located modern industrial buildings that allow companies to take advantage of logistics and transportation savings but also our consideration for the environment surrounding the areas in which we invest,” remarked Senior Vice President of Development, Edward Harrington. “We are confident that this redevelopment demonstrates the need for modern in-fill facilities in locations like Elk Grove Village.”
Situated on 4.4 acres of land, the facility features energy efficient HVAC systems, motion operated light fixtures, and construction waste recycling. The building is divisible for two tenants and features a glass curtain wall at each entry. The property includes a 16,000 SF office, 15 loading docks and 2 drive-in doors. Weiss-Röhlig will be utilizing 57% of the development and the remaining space is available for lease.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 45.5 million square feet and 6,000 acres under development in the company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit www.centerpoint.com or follow @centerpointprop on Twitter.
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